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Chairman Hensarling Opening Statement at Today's Full Committee Markup
May 7, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement today at the committee’s markup of bipartisan legislation related to the JOBS Act and the derivatives title of the Dodd-Frank Act, and a bill to require the Securities and Exchange Commission (SEC)...
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H.R. 742 Increases Global Swaps Market Transparency and Regulatory Corporation
May 7, 2013
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Congressman Bill Huizenga joined us during the markup of H.R. 742 to discuss swap derivatives and why they're important to a range of industries and businesses. To ensure market transparency and global regulatory cooperation, the Dodd-Frank Act requires U.S. regulators to share information about th...
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Committee Will Follow the Law on CFPB Testimony
Apr 26, 2013
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Chairman Jeb Hensarling announced this week that the committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is legally installed as the CFPB Director. However, the committee will continue to conduct rigorous ov...
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Chairman Hensarling Outlines Steps for Sustainable Housing Policy
Apr 24, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing on regulatory impediments to the re-entry of private capital in the housing finance sector. The committee has been holding a series of hearings on the need to create a ...
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Chairman Hensarling Comments on Expected Taxpayer Bailout of FHA
Apr 10, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning the expectation in the President’s budget that the Federal Housing Administration (FHA) will require a nearly $1 billion taxpayer bailout this year: “We now know for certain that the FHA is n...
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ICYMI: Hensarling Profile in Last Friday's WSJ
Apr 1, 2013
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By Patrick O'Conner WASHINGTON—During Jeb Hensarling's first congressional bid, a man at a campaign stop in Athens, Texas, asked the Republican if he was "pro-business." "No," the candidate replied, drawing curious stares from local business leaders who had gathered to hear him speak, a former Hens...
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Committee Addresses FHFA, Community Banking
Mar 22, 2013
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FHFA In 2008, Fannie Mae and Freddie Mac, the two giant government sponsored entities which helped fuel the housing bubble, received the largest bailout in U.S. history. Serving as Acting Director of the Federal Housing Finance Agency (FHFA), Edward DeMarco has been tasked with managing the GSEs’ m...
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Financial Services Committee Chairman Jeb Hensarling Comments on FOMC Decision to Continue Monetary Stimulus
Mar 20, 2013
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement today about the Federal Open Market Committee’s decision to continue its highly accommodative monetary policy stance: “The Federal Reserve’s continued efforts at economic stimulus clearly are not working. ...
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Chairman Hensarling's Opening Statement at Today's Hearing with FHFA Director Edward J. DeMarco
Mar 19, 2013
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delievered the following opening statement at today's hearing with Federal Housing Finance Agency Director Edward J. DeMarco: "I would like start off by quoting from our witness’s testimony. ‘Few of us could have imagined in 2008 that...
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House Passes Financial Services Bills
Mar 12, 2013
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The House of Representatives today passed two bipartisan Financial Services Committee bills. H.R. 749, the Eliminate Privacy Notice Confusion Act This legislation was introduced by Congressman Blaine Luetkemeyer (R-MO) with Congressman Brad Sherman (D-CA) as the lead cosponsor. H.R. 749 eliminates ...
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